BlockFi to Receive $874.5 Million From Settlement with FTX and Alameda Research
BlockFi has finalized a settlement with FTX and Alameda Research to receive $874.5 million to help repay customers affected by its bankruptcy. According to a recent court filing by the United States Bankruptcy Court for District of New Jersey, the comprehensive
Ethereum Layer-2 Platforms Now Manage Over $36.7 Billion in TVL
Ethereum layer-2 scaling solutions are booming with total value locked (TVL), which refers to the amount of assets staked or deposited across leading platforms like Arbitrum, Optimism, and Base, exceeding $36.7 billion. According to L2Beat, Arbitrum One, one of the earliest
No Bitcoin ETF Without Further Crypto Regulation, Says South Korean FSS Chief
No Bitcoin ETF will gain approval in South Korea unless the government introduces new crypto rules, the head of the Financial Supervisory Service (FSS) said on March 5. The FSS chief Lee Bok-hyun this week struck an optimistic note about possible
Hut 8 Closes Bitcoin Mining Facility Due to Power Disruptions and Rising Energy Costs
Hut 8, a Bitcoin mining company, has announced the closure of its mining site in Drumheller, Alberta, Canada, citing power disruptions and rising energy costs as significant factors. The decision comes amid escalating energy costs and power disruptions, which are severely
Solana Or Ethereum? Compare The Best Meme Coins To Buy On Both Chains
Crypto traders looking to turn a quick profit are hunting for the best meme coins to buy, but they face a dilemma. To they buy meme coins on the Solana (SOL) blockchain, or on the Ethereum (ETH) blockchain? Both blockchains have their
Bitcoin Will Tumble After Launch of Digital Ruble, Says Russian Economist
Bitcoin will tumble following the rollout of the digital ruble and other major CBDCs, a Russian economist has claimed. Per the media outlet OSN, Alexander Razuvaev, a member of the supervisory board of the Guild of Financial Analysts and Risk Managers,
White House calls on world leaders to help stop ‘reckless’ Houthi attacks after civilian sailors killed
White House officials are calling on governments around the world to join efforts to stop Iranian-backed Houthi rebels from attacking cargo ships in the Middle East, after three civilians were killed Wednesday when missiles fired by the terrorist group struck
Karine Jean-Pierre says Biden is ready to handle hecklers during State of the Union: ‘He got this’
The White House said Wednesday that President Biden will be ready for anything during Thursday night’s upcoming State of the Union address, including hecklers. White House press secretary Karine Jean-Pierre was asked during Wednesday’s briefing whether Biden was prepared for hecklers